yuan through swift. according to the international system, the share of the chinese currency in settlements is close to 5%in addition, in terms of the number of trade payments, the yuan is ahead. sterling. in general, in the structure of global international payments, china's national currency remains in fourth place. india has ranked first in the world in terms of population. china, where the population is about one billion 425 million people, received an honorary silver. by the end of april last year, the number of residents of the celestial mainland and india became equal. analysts attribute such rapid population growth to the improvement of the socio-economic situation in the indian republic. that was the news. all economies, have a nice day and see you, morning broadcast on tv channels belarus 1 and belarus24 continues zone x, i'm yuri shevchuk, hello! attacked police officers with a scythe, law enforcement officers in the bobruisk region had to use their service weapons. on the evening of april 17 , line 102 received a message about the theft of money in the village of small beekeepers. when the pol

now, compared to current exchange rates, the dollar and the chinese yuan have fallen in price, while risen in price. so, the american currency closed trading at 3.26 kopecks. the euro exchange rate according to the national bank is 3.48. 10 yuaniya costs 4 rubles. 49 kopecks and 100 russian - 3.48 belarusian. on the scoreboard in national airport will soon have a new destination. this is chelyabinsk. from april 21, the russian airline will begin operating flights once a week on tuesdays. the launch of the flight was the result of an agreement. resources are growing. over 20 years plus 6%. in terms of area, it is approximately the same as 12 belarusian capitals. and most of all, according to the rating , china has grown in new trees. and that’s all for me, have a nice day and be productive in your business. the morning broadcast continues with the program zone x, i’m yuri shevchuk, hello! we wanted to buy good things from famous brands, but fell for good job scammers. residents of the brest region began en masse to contact the police that they had been deceived on the internet. they m

and now, by the end of trading on the currency and stock exchange, the dollar and the chinese yuan havesian ruble has fallen in price. so, the following rates have been established: american currency costs 3 rubles 27 kopecks. the euro exchange rate according to the national bank is 3.48. behind 10 uani gives 4 rubles 50 kopecks. and 100 russian 3.49 belarusian. the cost per square meter in the capital continues to grow. both in new buildings and on the secondary market. experts calculated last week the average price was $1,368 per square meter. the proposals are dominated by one-room apartments, over 40%. next come three-room apartments, a little more than a third of all apartments for sale, followed by two-room apartments - about 20%. over the year, the cost per square meter increased by 7%. and finally about some world events, the international monetary fund worsened its forecast regarding. global economy this year, reducing gdp growth to 3%, and if inflation remains high and interest rates do not fall, the global economy will face a hard landing, the imf wrote in its april forecast.

the chinese yuan and the russian ruble have fallen in price.o, a dollar costs 3 rubles 25 kopecks. the euro exchange rate according to the national bank is 3.51 belarusian. for 10 uani they give 4 rubles 46 kopecks. and 100 russian rubles costs 3.52 belarusian. the decision to reduce tariffs for roaming calls in the countries of the eurasian economic union is planned to be made by the end of this year, the eec said. the task is to create the necessary conditions, taking into account balance of interests and mobile operators of consumers to citizens of ias. could use communications at home rates. at the moment , several technical issues remain unresolved; it is planned that after they are agreed upon, the parties will approve the levels of reduction in rates and inter-operator roaming tariffs. and finally, from the minsk national airport. today , about thirty direct routes are open. moscow, st. petersburg, istanbul and dubai remain the leaders. the airport has already switched to the spring-summer schedule. the flight program is expected to star

the chinese yuan, 724.24 is the level we're looking at now. paul, let's start with you. it is fx. it is about the strong dollar and we saw how the finance ministers in japan and south korea met with janet yellen. how significant was that meeting? >> asia was meeting with the u.s. and expressing clearly the dissatisfaction with the current exchange rate and the pressure on their surgeon currencies. he said we have serious concerns. i want to emphasize the serious concerns. i think the takeaway they got is if the pressure continues to build, then there is a green light for them to intervene in the market. south korea and japan probably will have felt quite pleased with the outcome. what we're seeing in the market is a little bit of that pressure coming off. pressure is a little bit more cautious given that bank drop. allowing currencies to strengthen and dollar weaktons come through. that was an important meeting. it may be just a temporary respite. who knows how long it is going to last depending on whether the fed expectations get pushed back. >> pierre, fed expectations. >> the o

so, the dollar and the chinese yuan have fallen in price, the russian ruble has risen in price. following rates are established: american currency costs 3 rubles 28 kopecks. the euro exchange rate according to the national bank is 350. 10 yuan costs 4 rubles 51 kopecks. and 100 russian rubles - 48 belarusian belarusian food is supplied to more than 107 countries of the world, this year we are targeting exports of 9 billion dollars. the main targets are also to collect 10 million tons of grain and produce agricultural products at 6-7% more than last year. the government discussed the development strategy for the agro-industrial complex, talked about the problems that are currently dragging down the indicators, and outlined the main points that... need to be worked on intensively. in a large agricultural season, a lot depends on each farm, in particular, the region and the region as a whole, because the overall picture is all regions, all organizations, both strong and weak. the prime minister will immediately say that the main task is to mobilize resources, and no references to t

the euro is trading around the 99 ruble mark. 60 kopecks and for the chinese yuan they give about 13g of trading at 10 am, the mozbir index. it’s not easy to catch a pyro firebird, but anyone can get a fire rate on a deposit at gazprombank of up to 16.5% per annum. open a deposit on gazprombank.ru. that's it. it tastes better on fire, burger king. cheese. oh, they forgot the cheese. good that we have each other. what about us on tv? will show, tell your wife that you caught it, as long as we can remember, we are always together, a magnet, 30 years by your side, comfort at low prices on the yandex market from small things to significant things, a kitford vertical vacuum cleaner or a kitford convection oven with discounts of up to 18%. on easter, the russian lotto unites people when we are together... our help is greater, in the charity easter draw, from each ticket sold, 10 rubles will be transferred to charitable causes, we will draw thousands of cash prizes, every second ticket wins, buddy, hello, as promised, today we are preparing flow, hey-hey, it’s not the first day of butter, o

trade supply the arrangement regarding the us dollar is 415 tomans, the euro is 43697 tomans, the chinese yuan is 5672 tomans , the uae dirham is 1179 tomans, and the russian ruble is 445 tomans today . sohba, chairman of the board of directors of the iran exchange, but our communication with mr. saeedi has been established, as we announced to you , yesterday, more than 426 million dollars of land for basic and agricultural goods, as well as medicine and medical equipment, were provided in the gold and currency exchange center , mr. saeedi hello, sir saeedi is the managing director of iran's gold and currency exchange center. please tell me how much service width and in what headings were paid to the applicants today? in the name of allah, the merciful, the merciful, i say hello to you and the respected viewers of this news section, and thank you very much for the opportunity you have given us. today exchange center rates for banknote delivery and remittance transfers for two dollar widths and. until april 27, that is, until yesterday, according to product groups, a total of 2 billion 268 mill

government debt by... the world's central banks, meanwhile, are switching to the yuan. the share of the chinese yuanficantly in recent years, we see an increase in the share in the structure of the world's official foreign exchange reserves, we see an increase in the share of the yuan in international payments, according to swift data on other alternative systems. this process does not happen quickly. central banks see an alternative to the dollar in the precious metal. this is the trend of the last two years. according to the world gold council in 2022 they acquired. a record 1.82 tons, in the twenty-third the volume decreased slightly to 1.37 tons. in january of the twenty-fourth year , the largest central banks continued to buy gold and increased official gold reserves by 39 tons. the brix countries are considering the option of creating a completely new currency. the share of the us dollar in their settlement structure is already less than a third; participants carry out all other transactions in national currencies. the new currency is even bigger. will reduce dependence on the dollar and help

so, the dollar and the chinese yuan have fallen in price, the russian ruble has risen in price.american currency costs 3 rubles 28 kopecks. the euro exchange rate according to the national bank is 3.50. 10 yuaniya costs 4 rubles 51 kopecks. and 100 russian. 3.48 belarusian. belarusian food is supplied to more than 107 countries around the world. and this year we are targeting exports of $9 billion. the main targets are also to collect 10 million tons of grain and produce agricultural products by 6-7% more than last year. the development strategy of the agro-industrial complex was discussed in the government, they talked about problems that are still dragging the indicators down and outlined the main points. which need to be worked hard. in a large agricultural season, a lot depends on each farm, in particular, the region and the region as a whole, because the overall picture is all regions, all organizations, both strong and weak. the prime minister will immediately say that the main task is to mobilize resources; no references to the weather will be accepted. this means that th

and now, following the results of foreign exchange trading, the dollar and the chinese yuan have fallenprice, while the russian ruble has risen in price. so, the following rates have been established: a dollar costs 3 rubles. 24 kopecks euro exchange rate national bank - 3.47. 10 yuan costs 4 rubles, 44 kopecks. and 100 russian - 3.50 belarusian. in belarus, the number of passenger electric vehicles doubled over the past year, he calculated. belstat, while more than 80% of the total number are cars owned by citizens. the charging infrastructure is developing dynamically; there are already more than a thousand stations. as for the global market, experts from the international energy agency note that this year sales of electric vehicles and hybrids may grow by more than 20%, to 17 million units. a to by 2035, the green car market will account for 2/3 of global car sales. and finally, the countries participating in the construction of the international north-south transport corridor evaluate the benefits of connecting the route with africa and sea communications. this initiative was put fo

currency we know that from our experience in government and dealing with the chinese, you have maybe not quite as bad as yen but yuanm 164 to about 174. i am sorry from 640 to about 740. if i get my numbers right. what happens there. chinese don't listen to anything. >> well one thing that is going on, i called my friend a wall street friend, part of my job to talk to people in middle of it and ask what do you think is going on, my friend says one thing that is happening is because of the a.i. revolution in u.s. there is surging demand for u.s. a.i. services, and that u.s. economy will surprise on upside, and everyone else is doing weak, it is making people bullish on the dollar. the people who are trading this think it is related to fundamentals, as you said the interest rates are low in japan for example, but also inflation is high for them. and soy there are fundamentals that are driving this, it could be that our massive increase in export of digital services is in part creating a boom in the u.s., that is driving the factor. larry: so, the hotlanta fed says first quarter, that ended on march 31, that gdp will b

recapping the banks, they kept their lpr unchanged tracking the decision increasing pressure on the chinese yuani 300 index down. in terms of the yuan, 724.29. china headed to lunch and japan back from lunch as we check in on how japan is doing. >> today we have been seeing japan, part of the relief rally across the asia-pacific. a sense of relief coming through because there is further escalation given the middle east tensions from last friday. the nikkei coming back from the lunch break repairing some of the gains from the morning session but it is a rebound. a rebound though that is still about 9% lower from what we saw in the peak in march and that was post doj rate hike for the first time in 17 years. we are on the local -- we are on the lookout for the boj on friday when it is set to hold on rates. given the take-up in oil prices affecting the inflation outlook, there are some pockets of the market that think that the boj could announce the start of quantitative tightening and it could do this through the reduction of bond purchases. bonds under pressure. also in japan, what we are watchin

but we are on watch when it comes to the chinese yuan, pretty flat versus the usd. japan, losses for the nikkei. the yen extending gains after riling the most in a month. it is about a -- rallying the most in a month. it is about a haven play. esx currently down, extending declines for the day. markets will be closely watching the march u.s. jobs report for more insight on the fed's next steps. this follows the latest weekly jobs claims data, which topped estimates. officials, including minneapolis fed president neel kashkari, are preaching patience on rate cuts. >> i wouldn't say they are off the table but they are also not a likely scenario given what we know right now. if we continue to see strong job growth, if we continue to see strong consumer spending and strong gdp growth, then that raises the question in my mind, well, why would we cut rates? haslinda: our next guest says the dollar faces downside risks with looming fed cuts. joining me now is charu chanana, head of fx strategy at saxo. first off, no rate cuts, a possibility or not? charu: from the lens tha

chinese yuan offshore fairly steady. that is at for daybreak asia. our markets coverage continues.ax with avalara, you don't have to worry about things like changing tax rates rns. avalarahhh ahhh her uncle's unhappy. i'm sensing an underlying issue. it's t-mobile. it started when we tried to get him under a new plan. but they they unexpectedly unraveled their “price lock” guarantee. which has made him, a bit... unruly. you called yourself the “un-carrier”. you sing about “price lock” on those commercials. “the price lock, the price lock...” so, if you could change the price, change the name! it's not a lock, i know a lock. so how can we undo the damage? we could all unsubscribe and switch to xfinity. their connection is unreal. and we could all un-experience this whole session. okay, that's uncalled for. david: half an hour away from the opening bell, hong kong, shanghai and shenzhen. you are watching the china show. yvonne: asia stocks rise after a rally of heavyweights with investors focused on earnings as a major test of sentiment on equities. david: tesla jumping in late trade

out for any potential moves in asia impacts because at the same time we see the korean won and chinese yuano facing weakening pressures. haslinda: we have been talking about dollar-yen. we should also be talking about yen-yuan. i think that is an interesting pair we should be looking at. stephen: the yuan-yen is at a record high, if i am correct. that is because the pboc is clearly holding onto the yuan. it is outperforming in asia because it is not dropping beyond 7.3. that will be the case in the near term, unless the dollar drops further. with the pboc holding the yuan, the yuan-yen will have to drive higher. haslinda: for japan, it is important because china is japan's biggest trading partner. peiqian: yes. in terms of trade, definitely a weaker yuan-yen. but given that both are under weakening momentum and also the final demand from the develop markets are increasing, so overall i think the weak currency is helping asia broadly. haslinda: you talk about how it is important for it to happen perhaps we can in a gradual manner. the yen has sunk further. let's take a look at where it is tr

take a look at where we are good chinese yuan.ix said it was stable after the pboc loosened its grip on the currency just yesterday. bloomberg has learned that morgan stanley is planning to start cutting about 50 investment banking jobs in the asia-pacific region this week with 80% of the reductions in hong kong. let's get more from jonas bergman. what do we know about this? jonas: as you said, they are planning to cut about 50 jobs in the asia-pacific region. most of them were 80% focused in hong kong, mainland china. this is a continuation. we've seen cuts from morgan stanley and other big banks over the past three years. this is of course due to the geopolitical concerns. the protracted housing crisis in china and the sluggish economy. the deal spigots have been shut off both from mainland china and in hong kong as well as the expected business of taking chinese companies public in new york which was always the big cash cow. so it's a grim time to be a china focused investment banker right now. haslinda: you have to wonder when

we are keeping an eye on the chinese yuan, weakness persisting despite yet another strong hang seng.s of the shanghai calm, currently flat. change income, down .2%. we are also tracking japan as it comes back from lunch break. japan, of course, it is about the yen in particular, weakening towards 152 versus the u.s.. finance minister suzuki had said repeatedly the bank is willing to take bold actions, but nothing so far. 152, unlikely they say to see intervention. the yen, 15172. some say 152 may not be the point of intervention. it could be closer to 155. the rba set to switch to a new framework for the implementation of monetary policy. the assistant governor for financial markets outlined the changes in a speech at bloomberg's sydney office. he also spoke about the outlook. >> the board has made it clear he thinks the interest rate path that will best bring inflation down in a timely manner is uncertain, so they have not wanted to rule anything in or out with regards to interest rate changes. we are in a better place than we had been. inflation appears to be moderating, but the pa

defending the chinese yuan and buying the yuan, i think there could be something bigger, not overnightsilver get above 30 to fuel it. don't chase it. >> good stuff. you guys crushed it. bertha? >>> hi, scott. the epa awarded $20 billion in grants today for clean energy projects across the u.s. the money comes from the inflation reduction act and will be given to eight organizations that will undertake thousands of projects that rain from energy efficient home improvements to large-scale projects such as electric vehicle charging stations. >>> weather forecasters are predicting an extremely active 2024 atlantic hurricane season. forecasters at colorado state university are predicting 23 named storms this summer, 11 hurricanes, and 5 major hurricanes for the season. a typical year averages about 14 tropical storms with 7 becoming hurricanes. >>> major league baseball is headed to sacramento. the oakland a's reached an agreement to play there until 2027, while the team's new vegas stadium is being built on the site of the recently closed tropicana hotel. the a's will make their move to su

its way through this currency group, really as well being aided by the moves that we see in the chinese yuanit is helping or adding to that selling pressure even though china has moved to weaken its daily reference rate but that is the state of play there. what we are seeing and currency markets this morning is not too much change at this point in time. a little bit of strength coming back into the kiwi. a little bit of strength back into the aussie but certainly concerns around dollar strength that we are hearing reflected from different finance chiefs. korea and japan, for instance, they are concerned about their local currencies and that depreciation versus the greenback over the course of this year, but as we said, really, it is that story of king dollar, best five-day run we have seen going back to 2022. coming up, we are going to shift the focus on little bit to ai because we are going to speak with the deputy director of stanford institute for human centered intelligence. funding for generative ai saw an almost eightfold increase last year. we will have more insights, next. this is bl

now, that other currency payer that we are watching there is the chinese yuan versus the japanese yenw, this is also at a record high. this is perhaps an even more important fx peer for japanese exporters than the dollar. we see there that the offshore yuan has reached 21 per yuan. that is a record. ok. still to come, we don't have any market trading in australia or new zealand today, we are closed for a public holiday. but we are going to talk more about that ai wave. we just got numbers from sk hynix and a very solid set of numbers they were. a beat on pretty much every front. we are going to get analysis on those numbers in just a moment. tom kang is going to be joining us. stay with us for that conversation. this is bloomberg. ♪ her uncle's unhappy. i'm sensing an underlying issue. it's t-mobile. it started when we tried to get him under a new plan. but they they unexpectedly unraveled their “price lock” guarantee. which has made him, a bit... unruly. you called yourself the “un-carrier”. you sing about “price lock” on those commercials. “the price lock, the price lock...” so, if

we're seeing the chinese yuan pushing towards 7.3 per dollar.any countries have exchange rates that are tied to the yuan. so, it means exchange rate depreciation pressure. it means less of an export gain. so, a host of different concerns. annabelle: that was our senior u.s. economy editor chris anstey there. some breaking news crossing the terminal. this relates to more detail on u.s. funding for major chipmakers. it is all part of this effort by the biden administration to bring semiconductor production back to american soil. we just had the latest details of perhaps the latest recipient, because this is according to people familiar with the matter, but micron is poised to get over $6 billion in chips act grants next week. the award is not yet finalized but could be announced in the coming days. not clear whether the company plans to accept loans. they would be available through the 2022 chips and science act, in addition to what is this direct grant funding. as we said, the chips act set around $40 billion for direct grants as well as loan and

the actually the chinese yuan not quite as bad but it's gone from 640 to 740s.tion here is, kevin, is it the dollar's too strong or they're too cheap? let's start there. >> right, well the president is 100% correct. this is an academic literature that shows the japanese especially have been like the most guilty of currency manipulation of any country on earth for a really long time. so the fact that even with that, that we're looking at value of the yen that we haven't seen since i was an undergraduate, larry, is really stunning and it's i think the way to think about it, it is a failure of the biden administration and specifically janet yellen at treasury. the job of the treasury secretary is to pick up the phone and talk to people when things like this are happening, hey, you need to support your currency, it is getting out of line with fundamentals. they have utterly failed do that, and on everything but send their top justice department people to work for alvin bragg. larry: japan has zero interest rates that is part of the story. our interest rates are much

dollar, but also some volatility and uncertainty around the chinese yuan as well. he said we might see more volatility and weakness across asian fx until we get uncertainty from the pboc in terms of what their line in the sand is. dollar-yen at this point seeing a bit of weakness, 151.86, creeping towards that 152 level. a lot of economists seeing more flexibility around that 152, has a point where we could see intervention, particularly given u.s. cpi out. it's more likely we will see policy makers waiting until afterwards before any intervention is determined to be necessary. we got more verbal warnings from the finance minister earlier this morning as well. a little bit of weakness when it comes to trading in the yuan as well. but of course stability and even a bit of strength for some petro l and commodities. and of course you can get all of and more on bloomberg radio. you can hear more from the day's big newsmakers and get in-depth analysis from the daybreak team broadcasting live from our studio in hong kong. you can listen via the app or bloombergradio.com.

chinese yuan which has gained in adoption is mager >> as for earnings, definitely going to heat up tonight sap and nucor before we get into the mix with big industrials tomorrow. let's get to the judge in the half. >> a appreciate it, carl. thank you. welcome to the "halftime report" i'm scott wapner. front and center the losing streak for stocks and the big week ahead. the investment committee debating where the markets might head from here. trying to get a little bit of a bounce today. we're on a three week losing streak for the s&p down six straight days. mkm roth says not confident a low has been formed even if a bounce is likely. i guess, joe, we knew it was only a matter of time before there was going to be some pay back for this higher for longer interest rate idea and, you know, the market was acting as if there wasn't going to be anything to pay for that. i guess we learned our lesson last week and culminating on friday. >> we did and we were able to break below that critical area from early -- from late february off of the nvidia earnings and now you're getting a little bit of a

calculations are in dollars, of course they are. but there is one more point, we work with the chinese, for example, in yuaning, or rather, how to say, take these mutual settlements into account, but every time a chinese bank , who works with us in yuan, falls under dollar sanctions, he stops working with us in yuan too, and 20.5 billion is aimed at strengthening of the american armed forces in europe, it is clear that there is also a possibility of any kind of chess player, as baydon often does, so to speak, the collective, i mean, has a correspondingly significant amount of more than 20 billion to replenish warehouses the united states, and as soon as this was put inside the document, it means that it is already legally written down that biden did wrong, this is a yellow card, once again not for biden personally, but generally for the collective. develop a strategy for how it will actually a war is being waged in ukraine against russia. generally speaking, this is an extremely new thing, this kind of thing was never needed, because when they got into long, so to speak, wars there in iraq, they said, well,

in terms of the chinese currency, the yuan, that is one currency we are tracking right now.ixing very strong. in terms of futures, currently down by .4%. overall, we are keeping an eye on the fed and the data out of the u.s. that is it from bloomberg "markets: asia." daybreak middle east and africa is next. this is bloomberg.us. ♪ not all caitlin clarks are the same. caitlin clark. city planner. just like not all internet providers are the same. don't settle. you want fast. get fast. you want reliable. get reliable. you want powerful. get powerful. get real deal speed, reliability and power with xfinity. she shoots from here? that's kinda my thing. >> the following is a paid program. the opinions and views expressed do not reflect those of bloomberg lp, its affiliates, or its employees.

30 four year low in the yen against the pound sterling that is troubled, the euro is weak, the chinese yuanod to -- good place to be in terms of a currency standpoint. it is interesting, to your point on china -- if i go back and look at china over the last 2, 3 decades, china has never been a good investment. it has been a good tactical trade, at moments in time, but if i pull out -- me a chinese industry -- indices and look at the last 20 or 30 years, it has not been a great, sustainable, durable investment. something has to change there to get is terribly interested there. as a lot of people have done over the years, you can play china indirectly, without having to have the direct exposure to china, so you play the benefits of the chinese economy spilling out into the global marketplace. annmarie: just before -- lisa: just before we let you go. this is a massive week. tech earnings, pc and spending friday. what do you think is going to be most instructive for you to get a sense of whether we are starting to inflect to that divergence you have been expecting? darrell: auctions are always

. >> the rest of the dollar putting a lot of pressure on the yuan and chinese economy as well. how are you looking at it and the lens of exceeded expectations? does that encourage you to put more money into china? >> it was a little bit mixed but better than expected. the thing to remember -- you know this about economic data. it's always backward looking. the first quarter was a bit better. now we have to look forward and see what lies ahead. what we seem to be seen in china is a bit of an emergence of more confidence among the consumers there and the government's tried to promote growth because growth is good for china and that looks like it is taking hold. that may be great for chinese assets, as people think again about the outlook for china and hopefully become less bearish. for us we have had positions in chinese technology companies for the last couple of years following the shortfalls but it has -- but it is still a small part of our portfolio. >> so when people were exiting china, you made a bid for china. which ones in particular ny? is at about valuation? >> primaril

chinese banks, the use of the yuan as a means of payment to pay for military imports, all this raisese united states and europe. they believe that this helps russia achieve success in... another hot topic is rivalry in the field of high technology. usa continue to impose trade restrictions against chinese technology companies. and just a few hours before antony blinken’s trip, the senate passed a law that could lead to a complete blocking of tiktok in the states. the revenue of bits, which owns the service, last year amounted to $120 billion, of which $16 was earned in the united states. the social network's american audience is 170. washington certainly has tools to put pressure on beijing; formally, the united states is leading in the race for the title of the world's first economy. in last year, american gdp grew by 6.3% in nominal terms, and china's by only 4.6. well, in terms of purchasing power parity, the chinese are ahead, leadership is also noticeable in certain sectors of the economy. well , if you look at the volume of gdp, then... here, while the united states retains lead

exchanges in the world will become all of dubai and hong kong, when, say, the yuan. will be promoted, including by the chinesel currency of account when we create it, including or largely based on digital solutions, and a new system of calculations and a new system of formation - capital, the securities market, this is a problem i think we need to solve anyway if we want to get rid of the dictates of the dollar sooner or later. make sure that other countries, including friendly ones, are not afraid of settlements with us, because, unfortunately, i think that the issue that is now on the agenda is quite long, and we cannot return to the old ways maybe, we already realized that this will not work, here is the current system, in which 70% of payments are in dollars, american banks, american authorities, or rather, it’s not a matter of... creating a digital, digital currency of a central bank, this is a huge, it seems to me, step forward, ahead, in my opinion, only nigeria and jamaica, which are already using it china too, well, china , here, but we are really sitting quite ahead and well, and we are participatin

several chinese banks already refuse to cooperate with russian. customers because they are afraid of secondary sanctions, plus there are restrictions on conducting transactions in rubles or yuan, so this is a really effective tool that the chinese economy is not ready for today, but could blinken's visit to china be a preparation for a high-level meeting equal, so the meeting between xi jinping and joe biden, what are your expectations from the upcoming european tour, the chinese leader himself, it will be, if i am not mistaken at the beginning. yes yes, actually you can say that anthony blinken's visit to china was really a preparation for the meeting between joe biden and sidzempit, usually when they already meet, there are meetings at the level of foreign ministers, this really gives us reason to say that a bilateral visit is already being prepared, regarding the visit, regarding xi jinping's visit to europe, we can say that it is... china's desire and china's strategy for further economic expansion in the european union, as part of the tour, xi jinping plans to visit three countries: france, serbia and hungary. we are with france we can see certain improvements in relatio

in march, the yuan renewed its maximum in the structure of the russian foreign exchange market; according to the central bank, the share of the chinesechange trading reached 53%. to toxic. currency accounted for 46%. in the over-the-counter segment , the yuan's share is almost 40%, among unfriendly currencies about 55. earlier it became known that the largest russian banks increased the yield on deposits in yuan, the maximum rate rose to 5% per annum. and the price of gold again updated the record: $2,360 per ounce. in 2 months, fight metal has already risen in price by 17%. the reason, according to bloomberg , is the strengthening of geopolitical factors. risks, including in the middle east. ubs analysts predict that the price will rise to $2,500 by the end of the year. a new round of price increases is expected after the us federal reserve cuts rates. it was economic news. short. well now it's urgent messages from the smolensk region marked "lightning". a woman died when an overpass collapsed in the smolensk region. another person was reported injured. this data is with reference to the representative. ministry of emergency situati

if you look at chinese assets, equities prior to lunch had been outperforming. extending gains around technology. yuanemains steady. moody's did a similar downgrade to their outlook, so perhaps the sentiment has been priced in. and the rest of the region, the rest of the market is waiting for u.s. cpi numbers, everyone is looking at the yen. still alright below the 34 year low against the dollar. traders are watching for signs of intervention. central bankers may raise inflation forecast this month. the governor reaffirms that the tightening policy may not have been one and done. kiwi strengthening. central bank had a hawkish hold, looking for sustained restrictive grades. decision out of bank of thailand today. lizzy: no surprises. tonya in hong kong, thank you. boeing, federal aviation investigated plane making shortcuts for the 787 dreamliner. boeing said the claims were inaccurate and do not represent the work being done to ensure quality and safety of the aircraft. to take us through we have benedikt kammel. great to have you on the program. tell us what the whistleblower is alleging. >> the whis

paul: today's yuan fixing shaping up to be interesting as we got the chinese currency weakening. policymakers to draw a line in the sand? michael: they will tread carefully, they know the domestic economy, the pmi is encouraging. that's a good thing, but that is a slow burn defense so i think today's fix, you add on 2% and if they could get away it would be below 725, they would consider that a result in their favor through 720, there were substantial options strikes and i think it's about two and a half billion rolling off between now and thursday some quite chunky on wednesday. there are pools of liquidity that the market has tomorrow up, so that might be the q for the pboc to put on a strong fix because they know if they do a week one, it is tacit approval and they do not want to start that narrative, so for today's purposes, i will acknowledge that the macro backdrop has diverged against the yuan vis-a-vis the dollar and their own numbers but at the same time, they will try to not cause too much drama or be to overt. haidi: fx and rates reporter michael wilson. a number of as

chinese currencies. the russian ruble weakened towards belarusian so, the following rates have been established. according to the national bank, 26 kopecks costs a euro dollar , 3.54 for 10 yuanives 4 rubles 50 kopecks, and 100 russian rubles costs 3.50 belarusian rubles. in belarus. over 3 years, the volume of production of import-substituting products increased by 20%. such figures lead to mineeconomics. at the end of last year, output reached $30 billion. more than half of this production is exported. small medium-sized businesses are actively involved in import substitution; their share is approaching thirds. industrial production in the eurasian economic union over 2 months grew by almost 7% compared to the same level last year. plus. fixed in all top five countries, the largest in armenia - this is over a quarter, the smallest in kazakhstan. in our country , industrialists increased production by more than 7%. and finally, the financial department of belarus has significantly increased the cost of precious metals in products and scrap. from april 12, citizens will receive 15 rubles more than the current price per gram of 750 gold. 900 gold has risen to almost 200 rubles

chinese currencies have weakened against our ruble. so, the following rates have been established: a dollar costs 3 rubles 25 kopecks. euro exchange rate according to the national bank 3.46. 10 yuants 4 rubles 47 kopecks. and 100 russian - 3.48 belarusian. a large-scale fair is in full swing in belarus. this year , about 2,500 employers from various fields of activity take part in the youth vacancies. the number of jobs offered exceeds 25,000. the main goal of this event is to assist in the employment of young people in their free time from studying, as well as to help graduates. let me note that this year more than 13 million rubles have been allocated for organizing temporary employment for young people. the bulk of the funds will go to pay for labor, the rest to purchase workwear and equipment. tool and finally, the russian airline received permission from the federal air transport agency for several new direct flights to the belarusian capital, as noted in the document of the federal air transport agency of russia, the carrier will be able to fly on the route tyumen-minsk and vladikavkaz, minsk three times a week, and from volgograd twice a week week. there is no information

chinese economy continue to rebound. that will put some anchor to the exchange rate. haslinda: yuanthe pboc fixing. without that, where would it be? >> that is interesting question. over past several days we see convergence between exchange rate, so that show to some extent the recent data print .2 stronger fundamental can support the yen. in the fed going more dovish can help. haslinda: the market is looking at stimulus from china. can we expect that? >> by our calculation the fiscal impulse will be stronger than last year and that comes in different formats, including we see the special chair rebound. and we can see the central government is shifting more spending responsibility to its own shoulder. of that will help when local government are quite tight in their balance sheet as well. haslinda: are you concerned china's economy might be way down if donald trump were to come back to power? he has promised 60% tariffs on chinese exports. guest: this is an interesting question. we see the first round of the trade war, a lot of chinese manufacturer starting to look to supply chain re

the accumulated profit of chinese industrial companies in the first 3 months increased by 4 percent compared to the previous year and reached half a trillion yuan, while it increased by 10.2 percent in the first two months. but oil prices may rise again if u.s. inventory data and china's purchasing managers' index improve this week, teng said. safari of the sed and cima news agency. today, tuesday, the energy exchange hosts various supplies in the fields of oil and gas products and other energy carriers. the largest volume of supplies was allocated to kerosene, full range naphtha and liquid gas. in the international hall, 59 thousand tons of products , including oil. and the source gas was supplied. 360,000 barrels of kerosene were also sold in this hall. the inner hall also experienced the supply of 900 tons of heavy oil and pentane cutting. in the inner hall , 40 thousand liters of halal types were also offered. thank you very much for your cooperation. be happy and god bless you. you will be my guarantor, i won't be, what's going on, go out , go, money, body, paper, paper, paper . home essentials do you want a guarantor, don't you want, don'

chinese currencies. the russian ruble has fallen in price. so, the following rates have been established: a dollar costs 3 rubles 28 kopecks. the euro exchange rate according to the national bank is 3.48. for 10 yuany give 4 rubles 50 kopecks. and for 100 russian - 3.48 belarusian. energy indicator independently. belarus accounts for 27.5%. the figure was calculated taking into account belas. as the relevant department notes, there are now two priority tasks in the industry - reducing dependence on imported resources, avoidance of gdp energy intensity with the world average . for example, today in the country, virtually every third gigacalorie of thermal energy is generated from its own energy resources. and at the end of the release of some world events, china's gdp growth rate in the first quarter exceeded. 5%, according to the statistical office. the best dynamics were demonstrated by industry, the service sector, followed by the agricultural sector. chinese authorities note that the country's contribution to the growth rate of world gdp is 30%. the international monetary fund has revised down its forecast for economic growth in the eurozone this year. estimating the gdp growth rate at 0.8%. ex

the accumulated profits of chinese industrial companies increased by 4.3% in the first 3 months compared to the previous year. it reached half a trillion yuan, while it increased by 10.2 percent in the first two months. but if u.s. inventory data and china's purchasing managers' index improve this week, oil prices may rise again, teng said. safari, sed and sima news agency. the global gold price per ounce has increased in recent months. the work of experts, one of the main causes of this price increase is the developments in the region oh at 7. in the past, they announced that the price of the global element of gold was facing an increase in the past months . we want to examine the movement of the global price of gold in the last one to two months because of the geopolitical events and the sensitivity in the middle east region. it happened that in the last two months, anas jahani tela experienced a price growth of more than 20%, but in the last week. difficulty in relation to the inflation rate caused a negative view on gold. the weekly assessment of kitco economic website shows that retail investors are disappointed with the further growth

yuan. >> i think so far the pboc has been doing a great job. the market is not testing the pboc. but i think you pointed out to the fact that chinese strength is strengthening to the likes against the japanese yen. even if you look at the fixing pattern in the past two weeks, they have been allowing chinese he until we can gradually. i think that remains the playbook. they don't want disorderly move. they are actually drifting weaker. it would not be unimaginable that we get to the point that last october we saw 735 on the chinese yen. haslinda: for traders, how should they be positioning, bearing in mind that the data so far that we are getting are pretty encouraging. pmi beating estimates of 50.4 versus 50.3. is it enough to bring back confidence in the currency in the economy? >> actually, data wise it has been encouraging. even though it has been january, february and consumption data was not good. i thing even as we are getting some signs of economic stabilization, we are hitting another risky event, which is the u.s. elections. on that site it could be a hurdle for the chinese to strengthen too much so as to not be labeled as

yuan share in global payments via swift in march reached a historical record of almost 4.7%. this international payment system data. according to the number of global settlements, the chineseremains. in fourth place, the dollar is still in the lead with a share of more than 47%. the second place is occupied by the euro (22%), the third is the pound sterling (6.5%). and colombia is interested in quickly joining brix as a full participant, as stated in a joint statement by the presidents of brazil and colombia in bogata. the brazilian leader welcomed this initiative and promised to promote colombia's candidacy. brix includes brazil, russia, and india. china and south africa, joined on january 1 by egypt, iran, uae, saudi arabia and ethiopia. it was economic news. short. the bureaucratic burden on russian teachers will be reduced. this statement was made at a meeting between prime minister mishustin and the head of rosobronadzor muzaev. there is already the first result of the experiment in schools in six regions. it shows how much time teachers are forced to spend on completing various papers. another important topic was the preparation and conduct of the unified state exam,

yuan is a whisker away from its onshore trading band. recent upbeat economic data fails to bolster the chinese kind let's bring in david finnerty. concern is this for policymakers in china? can they realistically do anything to prop up the you want? >> i think there is certainly concern. you never like to see a trading near one and of the band. that's happening right now. it indicates how much leeway they are giving it to weaken. certainly overall they will be happy with it. there's one end of the bands that may force them to intervene to prop it up. just making it very hard to short the yuan, they are looking at forward points for that. it just means it's work for the central bank. the markets will be interested to see if other counties are weakening versus the dollar. does the ppo see say, let's yuan -- let's let yuan stand its ground. haidi: the same thing could be said for japanese policymakers and zi yan. it is hovering at the 151 level. is there still expectation of intervention? how impactful would that be? >> at the moment, we are certainly in intervention range. there's been a lot of rhetoric out recently. suzuki was ta

chinese currencies have weakened against our ruble. so. the following exchange rates are established: a dollar costs 3 rubles, 25 kopecks. euro rate according to the national bank - 3.46. 10 yuan costs 4 rubles 47 kopecks. and 100 russian - 3.48 belarusian. a large-scale job fair for young people is in full swing in belarus. this year , about 2,500 employers from various fields of activity are taking part. the number of jobs offered exceeds 25,000. the main goal of this event is to assist in the employment of young people in their free time from study, as well as. help graduates. let me note that this year more than 13 million rubles have been allocated for organizing temporary employment for young people. the bulk of the funds will be used to pay for labor, while the rest will be used to purchase special clothing, equipment and tools. and finally, the russian airline received permission from the federal air transport agency for several new direct flights to the belarusian capital. as noted in the document of the russian federal air transport agency, the carrier will be able to fly on the tyumen-minsk and vladikavkaz route. minsk three times a week, and from volgograd twice a

and the yuan, well, the dollar, of course, to a greater extent, remains such a stable currency, that is , these are markets that have quite a good contact, and here the americans and the chinesehave much more in common economically than politically, i think this is the argument... this is where the conversation will take place, and it is possible that there will be some such mini-trade wars , but to some significant military and political sanctions, it seems to me that it will not be possible this year, especially since china behaves quite cautiously, in some moments, well, again , they already have a lot of experience of such, you know, mutual controversy, which, again, economic issues are under... doubt does not ask, because china is needed by the united states, and the united states is needed by china, moreover, even in a dialogue it is necessary to say, well, something like that, why do you need russia, let’s be better with us, according to our rules, and you and us profitable, let's put pressure on putin, tim more so in the light of the fact that macron, he is going to macron's sidneypin, there should be a dialogue in europe, scholz has already gone there, accordingly, t

yuan, the euro, and they might be waiting up for yen intervention. it this is the weakest level since 1990. back then it was a very different looking chinesemy, and out its relationship has fared since then with the japanese market. haslinda: where is the redline? when and where we will see intervention. let's dig deeper into markets and bring in mark cranfield. hong kong stocks are fed a massive run, you're talking of bull market, world beating. what is the story? >> this is to sentiment shift and there are couple of things that have come together to fuel it, because it is not about the data. over the weekend that china industrial profits were disappointing. there is still sluggishness in the chinese economy, we can point fingers at two different directions. elon musk, thank you very much, and analyst reports at the end of last year seeing the property market is about to turn, so the people who have been negative on evergrande and likely so finally saying it is time to turn and look at property seriously. at the ribbon a couple of small incidents, some of the legal cases and hong kong have given more time for property companies to come to

yuan is one of them. does it banish it -- benefit beijing to lean into that weakness? garfield: it creates a lot more problems in many ways for the chinesean it does the japanese authorities. japan has got a forward set of monetary policy settings and a clear path. they've ended negative rates. in the future, they would want to move at some stage to actually raise interest rates. at the pb oc has a whole range of levers that is busy adjusting and tweaking. it's got an economy that is showing some signs of turning around but is still pretty weak. the yuan complicates all of that. in many ways, a week one would help to ease conditions in china, would help to stimulate the economy. but not if it gets weaker than about where it is. again, threatens to run away. they got even more interest. their official policy is to restrain it to more than 2% either side. so that creates a very tough set up for the pb oc, especially this week as a short week for china. they are off on thursday and friday. that means there's no fixing on thursday and friday. there's a wide gap between the onshore and offshore you want. so yeah. that's a currency that really

yuan's decline in the face of a rampant u.s. dollar. now, if the u.s. dollar pulls back, that is a different state of affairs. but on the one hand chinesein particular, we saw strong gains for property stocks leading into the meeting. those gains were validated to some extent because they definitely increased their interest in and work on, how do we resolve the property situation. so, for property stocks, for stocks in general, sounds like more support is coming for the yuan. that dancing through the snowflakes task for the pboc just got a few more snowflakes to dance through. and the main task would seem to be to make sure that the yuan's march lower is a smooth one rather than a disorderly one. paul: one of the variables you mentioned was the possibility of a falling u.s. dollar, although it looks pretty unlikely as we are on the fed meeting. markets seemed raised for a -- markets seem brace for a pretty hawkish meeting. garfield: strong expectation that the fed will signal that it is going to further delay rate cuts and that indeed, its initial guidance coming into this year and then it was repeated in march, that it expects to cut t